Question

A shopkeeper brought 70 kg of vegetables for Rs 1000. If he sold the vegetables at Rs 20per kg, What was his profit or loss per cent?
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Answer 1

His loss was 5% . Thanks

Answer 2

Answer:

40% profit

Step-by-step explanation:

According to the selling price,

               His total sold price is = 20 × 70 = 1400 rupees

∴ His profit is = (1400 - 1000) = 400 rupees

∴ His profit is = $\frac{100*400}{1000}$ = 40%